Sally Mander purchased her home five years ago for $300,000-putting $60,000 down and financing the remainder with a 30 year, 4% mortgage. How much has Sally paid in interest to her lender during the past five years?  (Round calculations to four decimals and pick the closest answer below.)
Group of answer choices
$68,746
$32,367
$14,986
$46,724

Answer rating: 100% (QA)

Total Amount Depos... View the full answer